Demand for asphalt used in highways and streets is forecast to advance 3.3 percent per annum to 13.7 million tons in 2021, aided by increases in government funding and rising highway and street construction activity.
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Report: North American Silica Sand Demand Will Increase
Silica sand demand in North America is forecast to expand 5.1 percent per year through 2020 to 82.8 million metric tons, according to World Industrial Silica Sand, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Read MoreWorld Demand for Aggregates to Grow 5.2 Percent
The worldwide market for construction aggregates is projected to advance to 51.7 billion metric tons in 2019, representing an annual growth rate of 5.2 percent. Residential building applications for aggregates will be driven by upturns in the housing markets of developed countries and by rising personal incomes in developing countries, which will spur demand for more modern housing.
Read MoreProppant Demand in North America to Reach $8.2 Billion by 2019
Demand for proppants in North America is forecast to increase 7.6 percent annually through 2019 to 162 billion lb., valued at $8.2 billion. With oil and gas prices expected to remain subdued in the near term, demand for proppants will decelerate from the extremely rapid growth posted between 2004 and 2014 and future gains will result primarily from increases in…
Read MoreWorld Aggregates Market
A New Study Predicts The North American Aggregates Market Will Be A Global Area Of Growth Through 2017. By Mark S. Kuhar
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